The answer is Passive Resistance because there is no direct or outright show of resistance to his prospect.
Answer: production manager
Explanation: Production manager is that individual in an organisation that is responsible for production process. A production manager is responsible for making the product on time with the appropriate amount of quantity demanded and as per the quality standards fixed.
Thus, if there is a variance due to poor quality of products then a production manager will be the answering authority.
Hence , the right option is A.
Answer:
3,600 units
Explanation:
Given:
Selling price per unit = $30
Variable cost per unit = $12
Contribution per unit = Selling price - variable cost
= 30 - 12
= $18 per unit
Fixed cost = $54,000
Increase in fixed cost this year = 54,000 × 1.2 = $64,800
Break even point in units = Fixed cost / contribution margin
Since only fixed cost increase and selling price and variable cost remain same, contribution margin will be $18 per unit
Break even point in units = 64,800 / 18
= 3,600 units
Answer:
$0.4433 and $0.425
Explanation:
The computation of the earning per share is shown below:
Earning per share is
= (Net income - preference dividend) ÷ (average shares outstanding)
For 2017, it is
= ($156 - $23) ÷ (300 shares)
= $0.4433
For 2018, it is
= ($188 - $18) ÷ (400 shares)
= $0.425
We simply applied the above formula so that the earning per share could be come for both the years
Answer: Please refer to Explanation.
Explanation:
Monopoly.
The 2 reasons why the monopoly’s marginal revenue will always be less than its price are;
a) Even though Monopolies have very large influence on the prices of goods and services they offer, for a Monopoly to sell more goods, they generally have to lower their prices. This will lead to a situation where Marginal Revenue, which is the additional revenue made per additional unit sold will be less than Price because additional revenue for a new unit will be less than the last one because prices are dropped .
b) A Monopoly's demand schedule is downward sloping. This means that demand rises as prices drop. As prices drop therefore, more goods will be sold but the marginal revenue will be less because prices had to be dropped to get an additional unit to be sold. That unit therefore will bring in less revenue than the last unit.
Perfectly Competitive Market
In such a market, the seller is a Price Taker. This means that sellers in this market do not sell at a price that they want but rather at a price the market has established to be the Equilibrium. This is because of the high competition in the market. Since they are all selling at the same price, this means that every additional revenue they get is the same as the price the market charges. This means that Price equals Marginal Revenue in this market.
